NIO shares has been running up for awhile , and here once again it may represent a new entry , there is a lot of information on the internet and great prediction about NIO future with china government holding 25 % stake , NIO will be main supplier in the largest market in china and then Europe and then world wide , the business model of battery swaping allow full charging in 3 minutes while other models like TESLA takes hours and may face a problem due long queue in-front of charging station that has already began to appear in some locations , also awaiting news on 9th January 20201 about new luxurious sedan with affordable price making battery as service that reduce the entry price for new models.
With all this positive news , we may see NIO business model profitable a lot faster than TESLA.
With all this positive news , we may see NIO business model profitable a lot faster than TESLA.
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Partial Profit Taking at 54$ 20% profit ,and let the other half run